Gus takes his $15 in lemonade stand earnings and deposits it into his savings account. Meanwhile, Gus’s dad borrows $20,000 to buy a new family car. Gus’s $15 represents a(n) for the bank, while his dad’s $20,000 loan represents a(n) for the bank.
a) asset; asset
b) liability; liability
c) asset; liability
d) liability; asset

commercial banking

provide online payment services

provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds

one of the appeals of a sole proprietorship is that business expenses are kept separate from your personal income tax return

i know right it’s not fair some people are just so rude unlike you your actually trying to get to know people and i think that is very kind

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.